Eligibility Criteria

Membership of the Exchange/ NSE CLEARING is open to corporate entities, limited liability partnerships, partnership firms and individuals who fulfill the eligibility criteria laid down by SEBI ,NSE and NCL.

Following categories are available for membership with NCL:

Types of Membership	Cash Segment	Futures & Option Segment	Currency Derivatives Segment	Debt Segment
Trading Member
Trading Cum Self Clearing Member
Trading Cum Clearing Member
Professional Clearing Member

Membership can be taken for any segments individually or in combination

Trading Member	This category of membership entitles a member to execute trades on his own account as well as on account of his clients but, clearing and settlement of trades executed through the Trading Member would have to be done through a Trading-cum Clearing Member or Professional Clearing Member of the Exchange
Trading Cum Self Clearing Member	This category of membership entitles a member to execute trades and to clear and settle the trades executed on his own account as well as on account of his clients.
Trading Cum Clearing Member	This category of membership entitles a member to execute trades on his own account as well as on account of his clients and to clear and settle trades executed by themselves as well as by other trading members who choose to use clearing services of the member.
Professional Clearing Member	This category of membership entitles a member to clear and settle trades of such members of the Exchange who choose to clear and settle their trades through this member.